Why Britain's election betting scandal is sparking outrage
Rishi Sunak's gamble was considerable. Five weeks ago, Britain's prime minister gambled on his belief that a summer election would give his Conservative Party a better chance of holding on to power than waiting until the autumn.Calling an early election was Sunak's last roll of the dice. But it has since emerged that in the days before May 22, in the pouring rain, he announced to the country that he would go to the polls, a number of colleagues and subordinates were placing bets of a more literal kind.Looking at data from the week before Mr Sunak's announcement, bookmakers noticed a spike in bets placed on the election date. The amounts staked were small, totaling just a few thousand pounds, but the sudden flurry of activity was enough to warrant further investigation.Th...